231 W Main Street Abingdon, VA $ 999,000
231 W Main Street
$ 999,000
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231 W Main Street

Abingdon, VA, 24210
$ 999,000
Bedrooms-- Baths-- Sq 8,468

Monthly Estimate*

$ 6,232

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View a Virtual Tour
Commercial Property for sale in Abingdon, VA for $999,000. This 8,468 square foot building was built in 1906 on a lot size of 0.3903.

Turn Key Restaurant in the heart of Abingdon VA that is ready to run tomorrow! Formerly The Peppermill, as it can still be seen on websites such as tripadvisor, was a successful venue with a great reputation. Quality food in a clean and historic home that was built in 1909. Directly in the center of a growing community that has long standing icons such as The Barter Theater and Martha Washington Inn within a city block away. The Creaper Trail and many other activities are only moments away. The Pinnicle Shopping and Entertainmet area, Bristol Motor Speedway and the brand new Hardrock Hotel and Casino are just a couple of exits away! This is a place that locals loved and many others came from far away to enjoy the setting, food and cocktails! The interior is simply stunning with approximately 6500 square feet...Fireplaces in almost every room, meticulously restored, decorated perfectly and fully functional as a restaurant with a seating capacity of 100 including the 25 on the covered porch. Fully wired sound system, POS computers for orders and accounting, full commercial kitchen with a separate bakery and both have hoods. Most of the kitchen refrigeration systems are new. There is a walkin freezer, beer cooler and tap system in place for 10 taps, full bar set up and ready to run. All plates, napkins, everything you see stays. It simply needs someone to walkin, invite friends and cook. There is a city parking lot across the street. There is also a seperate house that goes with the property. The lower level is storage and the walk in freezer and there is a 1 bedroom apartment upstairs. New roofs on both of those buildings! They Have hosted many large groups.tour buses going to Barter Theatre, wedding rehearsal dinners, corporate and private Christmas parties, have had several weddings performed on the beautiful staircase, and much more. Has been a beloved restaurant in Abingdon for 21 years. Abingdon won USA Today's TOP 10 SMALL TOWN FOOD SCENE 3 years in a row.

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Commercial Contingent

Price

$ 999,000

Property Type

Commercial

Taxes

$ 4,836

Style

Lot Size

0.3903

Year Built

1906

Town/City

Abingdon

County/Region

WASHINGTON-VA

MLS | Web ID

103384

Features
Interior
Interior Amenities Other
Flooring Other
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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General
Sewer Public Sewer
Heating Central Heat Pump
Cooling Central Air Heat Pump
Utilities Electricity Connected
Possession See Remarks
Roof Metal
Zoning B
Security Features Security System Security Lights
Construction Materials Brick
Year Built 1906
Levels Multi/Split
Property Subtype Retail
Tax Year 2025
Current Use Restaurant
Parcel Number 012 1 68
Gross Income 0
County Washington-VA
Net Operating Income 0
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Contingency Financing
Garage Y/N N
Other Structures Additional Structures(See Remarks)
Status Active Contingency
Directions Interstate 81 to Exit 17 in Abingdon VA from Tennessee turn Left on Cummings St and Left on West Main St. Property will be on right.
City Abingdon
MLS Area Abingdon
Lot Size Units Square Feet
Lot Size Square Feet 17000
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4836
Showing Instructions Appointment Only Call/Text Listing Agent Other-See Remarks
Home Warranty Y/N N
Property Condition Exterior Condition: Average Interior Condition: Average
Additional Parcels Y/N N
Virtual Tour tour.usamls.net/231-W-Main-Street-Abingdon-VA-24210/unbranded
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Freehold IDX BBO
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Exterior
Exterior Amenities Other
Lot Features Other
Water Source Public
Lot Size Area 17000
Spa N
Building Area Total 8468
Lot Dimensions 100 x 170
Lot Size Acres 0.3903
Frontage Length Road Frontage Feet: 1000
Waterfront Y/N N
Other Equipment Equipment Leased(None)
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Coldwell Banker Security Real Estate

Broker

jasonsells@coldwellbanker.com

Email

Affordability Calculator

$6,635
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,232
Monthly Property Taxes
$403
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1875416 Elementary School
1875515 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2025$999,000 -16.05% Price Down
9/12/2025$1,190,000 Listed Price

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231 W Main Street, Abingdon, VA, 24210 is a Commercial Property for sale at $999,000 with 8,468 sqft and a lot size of 0.3903. 231 W Main Street was built in 1906. The property's zip code is 24210 which is in Abingdon, VA